Do you have over $10,000 in Debt? Get Help now.

Unsecured Loan For $18000 Near 1101, Massachusetts With A Credit Score Of 751

$18000 Unsecured Loan – Springfield Massachusetts, Credit Score Of 751

  • Experian: 762 – The client had an excellent Experian rating
  • Transunion: 738 – Lavonda had an excellent credit score with Transunion.
  • Equifax: Lavonda’s Experian score was 751, which is an excellent credit score using the Experian system.

Lavonda has a very low current gross income, but has several of prospects

Lavonda has always wanted to be a logging tractor operator, but would need attend Alcorn State University again to become one. Lavonda has other possibilities as well, including ultrasound technologist, highway patrol pilot, and middle school teacher, which pay $56,000 through to $94,000 per year, at least. For this reason, we believe that Lavonda can afford this unsecured loan of $18000.

Personal Loan for a legal secretary named Lavonda in Springfield, Massachusetts to Pay Off Minnesota Twins World MasterCard with Extra Bases Rewards

Lavonda had a tonne of credit card debt on their Building Industry Association of Southern California Baldy View Chapter Visa Platinum Rewards Card and their Hilton HHonors Visa Signature Card from Citi, and they were starting to get in over their heads. Despite Lavonda’s job as a legal secretary, they struggled to make payments on the $27,000.00 credit card balance, badly needing assistance in the form of a personal loan.

Previous requests on Lavonda’s credit

Principle in USD Term Length in Years Annual Percentage Rate Monthly Payment Lender’s Branch Name Date of Request
$87140.00 11 7.5% $971.44 State Street Bank and Trust Company March 23, 2010
$87490.00 5 11.7% $1932.93 United States Trust Company August 13, 2011
$86860.00 5 9.4% $1819.98 BayBank Harvard Trust Company May 7, 2012
$87330.00 6 8.1% $1535.45 Durfee Attleboro Bank January 8, 2013

Contact Details for Springfield Institution for Savings, the provider of this unsecured loan

  • Springfield Institution for Savings
  • City: Springfield
  • State: Massachusetts
  • Address: 1441 Main Street
  • County: Hampden
  • Zip code: 1101

Before applying for this unsecured loan, Lavonda had an Experian score of 762, which is excellent, so Springfield Institution for Savings probably can provide Lavonda an unsecured loan

Experian Score: 762

Lavonda’s Overall FICO score at the time of acceptance for an unsecured loan, taking into account their legal secretary job and their future career as a logging tractor operator

Fico Score: 751

Debt Consolidation Can Assist Most Highly Indebted Borrower to Escape Bad Debts like Loan Sharks

Average debt consolidation loans vary from $35,000.00 to $55,000.00. They are typically used to pay off existing high interest loans like credit cards. Lavonda required a debt consolidation loan to pay for their existing unsecured loan and their loan shark loan. Lavonda was able to find a unsecured loan in the end. Debt consolidation, or simply consolidation, is a technique in the strategic borrowing method which converts your less desirable, catastrophically high interest loans to a single reduced interest loan. Debt consolidation loans generally have interest rates as low as 2.6%.

Lavonda’s Transunion score was altered by the unsecured loan loan, changing to 738 from 751, which is normal in our experience.

Transunion Score: 738

When Lavonda was 22, they tried to obtain a student loan from 5 alternate banks, which damaged their credit score. Below is a list of Lavonda’s prior attempts at finding a student loan:

  • Attempt 1) Loan for $35,000.00 on February 19, 2009
  • Attempt 2) Loan for $27,000.00 on February 11, 2012
  • Attempt 3) Loan for $36,000.00 on December 11, 2013
  • Attempt 4) Loan for $25,000.00 on February 21, 2010
  • Attempt 5) Loan for $21,000.00 on May 21, 2009

9 Months Ago, Lavonda Tried Finding a High Risk Loan for $42,000.00, and it was Hard

There is an existing struggle for borrowers to find high risk loans in a safe manner. Many high risk loans end up coming from loan sharks or the like, which can be physically harmful to borrowers like Lavonda. Lavonda chose not to obtain a high risk loan this time. High Risk loans are given to very low credit applicants. Clients with credit scores as low as 459 can apply for a high risk loan and possibly can be accepted.

Multiple past requests for credit have been made by Lavonda in the past, including one from The Peoples Bank of Harrington in Springfield, Massachusetts before Lavonda was approved for the $18000 by Springfield Institution for Savings

Lavonda made 9 previous tries to obtain an unsecured loan, 2 of which were with The Peoples Bank of Harrington, a bank in Springfield, Massachusetts known to specialize in unsecured loans specifically. Prior to finding Springfield Institution for Savings, Lavonda was desperate due to their inexperience and excellent credit score.

Fast Loans for Lavonda in Springfield, Massachusetts to prevent bankruptcy or broken legs from debt collectors.

Fast loans in Springfield, Massachusetts aren’t actually that difficult to obtain, especially if you have some finesse like Lavonda. Lavonda was able to find a fast loan for $18000 from Security National Bank and Shawmut First County Bank, N. A., but turned down both offers in favor of their unsecured loan from Springfield Institution for Savings. The improvement with a fast loan over a installment loan is in speed. Fast loans normally are processed within 1 – 3 weeks, versus up to 5 weeks for debt consolidation loans. A big improvement if a client is in a time sensitive situation.

Signature Loan found in Springfield, Massachusetts for $18000 with excellent credit by Lavonda

A lot of borrowers have difficulty with obtaining signature loans in Springfield, Massachusetts, and Lavonda is not an exception. Lavonda went to 6 lenders or more before settling on Springfield Institution for Savings, who offered Lavonda a signature loan for $18000. Typical signature loans simply need a client, like Lavonda’s signature to get them, up to $41,000 in some cases. Lavonda was able to get $18000 as a unsecured loan, which is very high for an unsecured loan. Since signature loans do not require a cosigner, they tend to need improved credit, as high as 701

Client Profile: Lavonda Cortese of Springfield, Massachusetts
  • Full name (Changed if requested): Lavonda Cortese
  • Current Credit: loans.hit.utils.Fico@1d56ce6a
  • Current City: Springfield
  • State: Massachusetts
  • Zip code: 1105
  • Yearly income: $46,000
  • Current Job: legal secretary
  • Current County: Hampden
  • Goal Yearly Income: $142,000
  • Debt (Personal Loan, Credit Card, Payday Loan, etc): $7000

Installment loan for Lavonda, a graduate of Alcorn State University and a legal secretary working for over $61,000 per year

Lavonda, an alumnus at Alcorn State University and a legal secretary in Springfield, Massachusetts wants an unsecured loan to purchase a car. Lavonda has instead decided to get an installment loan for $6,000 and is currently seeking lenders like Security National Bank to provide it.

Paraphrased and Standardized Quote from Lavonda for this unsecured loan of $18000, provided by Springfield Institution for Savings

Hello, I am Lavonda and I am from Springfield in Massachusetts. Hampden, county is where I grew up, and now I need a unsecured loan in Massachusetts for $18000 to buy a car. It wasn’t easy, but Springfield Institution for Savings really came through for me with this loan for 9.2% interest APR and a term of 16 years. I can repay the loan over the 16 year term, including interest. A big thanks to Springfield Institution for Savings for giving me a chance and my excellent credit. It look me 6 years to create my credit to 751, and I won’t harm it any more. I’m happy with Find Texas Loans for assisting me this far.

Lavonda was rejected by Northeast National Bank 6 times before being granted funding by Springfield Institution for Savings at 1441 Main Street

On January 19, 2011, Lavonda inquired about borrowing $18,000 from Fleet National Bank with Margarett, their friend from just outside Springfield, and even with the co-signer, Lavonda was rejected for this unsecured loan. With excellent credit, it can be very hard to procure financing, even with collateral and a co-signer.

Conclusion of Lavonda’s unsecured loan

In the end, Lavonda was able to find an unsecured loan for $18000 with an interest rate of 5.0% interest APR from Springfield Institution for Savings in Springfield, Massachusetts repayable over 16 years from now.

Will Alexander

Will Alexander has over 10 years of experience as a financial expert and writer. The goal of his work is to assist the people of Texas in finding loans for lower interest rates than they thought were possible. Will specializes in bad credit loans.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Names of borrowers and lenders have been modified, substituted, or fictionalized for search and privacy purposes. Information presented here is for entertainment purposes only and should not be interpreted as the truth.